DUBLIN–(BUSINESS WIRE)–The “Global Treadmill Ergometer Market Size, Share, Growth Analysis, By Application, By Type, By End-user – Industry Forecast 2023-2030” report has been added to ResearchAndMarkets.com’s offering.
The global treadmill ergometer market size was valued at USD 7150.4 million in 2021 and is poised to grow from USD 7519.62 million in 2022 to USD 10190 million by 2030, growing at a CAGR of 5.2% in the forecast period (2023-2030).
Arteriovenous oxygen tension, lactate levels, and cardiorespiratory response are all measured using treadmill ergometry. Whatever the case, an ergometer is a piece of apparatus used to gauge one’s degree of activity or muscular exertion. They also give details like the distance covered, calories consumed, and heart rate during the activity.
Thus, a treadmill ergometer is a treadmill that is equipped with a device that measures the amount of exercise performed while using the treadmill. Treadmill ergometer demand is anticipated to expand in the near future due to the rising prevalence of cardiovascular diseases among the younger population and the increased use of cardio exercises. Due of its cardiovascular advantages, stairwell treadmills, for instance, are growing in popularity. As a standard component of physiotherapy training, treadmill ergometers have also grown popular.
Demand for integrated technology in exercise equipment is anticipated to increase with the use of smart equipment in gyms and sports clubs. Market expansion is anticipated to be aided by the advent of linked or “smart” gym equipment, which enables internet connectivity while storing and gathering data on centralised servers.
These networked treadmills contain a number of features and applications that gather individualised data about a person in order to monitor their development through routine cardiac exams. For instance, iFit provides an internet-connected treadmill with programmable workouts and extra features like stat tracking, diet programmes, and other fitness assistance.
Segments covered in this report
Global Treadmill Ergometer Market is segmented based on the application, type, end-user, and region. Based on application, global Treadmill ergometer market is segmented into home consumers, health clubs / gym, hotel gym, medical centers / hospitals, and others. Based on type, the Treadmill ergometer market is segmented into sports and medical type.
Based on end-user, the Treadmill ergometer market is categorized into commercial and residential. By region, the market is segmented into Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa.
Driver
Advances in Technology and Growing Consumer Awareness
One of the main causes of people’s increased awareness of their health and how physical activity can help them keep tabs on it is the rise in the prevalence of health issues including obesity, cardiovascular disease, and PCOD, among others.
The introduction of smart equipment recently and the awareness of physical activity in accordance with the most recent technological developments in fitness equipment, such as continuous body condition monitoring of users, are two key factors propelling the treadmill ergometer market.
Other factors that need to be evaluated are the compact designs of treadmill equipment for use at home and the ongoing renovations made by gyms to better their surroundings for patrons.
Restraint
Along with the rise in demand for digital technology, other forms of physical activity are also becoming more popular as people become more conscious of their health and physical activity. Numerous dance styles, including Zumba, Aerobics, and others, as well as yoga classes have become more and more well-liked in recent years.
People are drawn to these styles in order to unplug from technology and engage in more natural activities. As a result, during the anticipated period, this change in consumer behaviour could seriously hamper the growth of the market for treadmill ergometers.
Market Trends
The development of the sector has been aided by the emergence of smart treadmills that can connect to the Internet and capture and store data for analysis. Staircase treadmills are becoming more common because of their cardiovascular benefits. Additionally, treadmill ergometers have developed into a staple of physiotherapy training. The use of electric fitness equipment is the main driver propelling market progress.
A positive market expansion resulted from the introduction of smart treadmills, which offer internet connectivity and gather and store data for analysis. In order to reach a larger client base and spread awareness of the advantages of fitness tech devices, product manufacturers are actively promoting their products on social media channels.
Companies Mentioned
Nautilus, Inc.
ICON Health & Fitness, Inc.
Johnson Health Tech Co., Ltd.
Brunswick Corporation
Technogym S.p.A.
Precor Incorporated
Cybex International, Inc.
Woodway USA, Inc.
Life Fitness
Matrix Fitness
Sole Fitness
ProForm
Horizon Fitness
TRUE Fitness Technology
Spirit Fitness
Octane Fitness
BH Fitness
NordicTrack
Marcy Pro
Xterra Fitness
For more information about this report visit https://www.researchandmarkets.com/r/g02vlg
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